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Singapore factory output growth slows to 3.4% in September 2026

The Straits Times and The Business Times report slower electronics growth and a 32.8% contraction in biomedical manufacturing.

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Singapore’s factory output rose 3.4% year on year in September 2026, down from 15.4% in August, according to The Straits Times and The Business Times, citing Economic Development Board data. Electronics growth slowed to 5.7% despite demand the outlets describe as AI-related. Biomedical manufacturing fell 32.8%, led by a 65.9% contraction in pharmaceuticals; excluding biomedical manufacturing, output rose 9%.

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Singapore’s factory output grew 3.4% year on year in September 2026, down from 15.4% in August, according to The Straits Times and The Business Times. Both cite data released by the Economic Development Board on Oct. 26.

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Electronics output grew 5.7% year on year, compared with 28.3% in August. The Straits Times describes AI-related demand as robust, even as growth in the cluster eased.

Biomedical manufacturing contracted 32.8% year on year. Within that cluster, pharmaceutical output fell 65.9%; The Business Times links the drop to a different mix of active pharmaceutical ingredients being produced.

Precision engineering output rose 31%, the largest gain among the manufacturing clusters, supported by higher production of semiconductor equipment. Excluding biomedical manufacturing, factory output rose 9% year on year, The Straits Times reports.

Singapore factory output growth slows to 3.4% in September 2026

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